[ad_1] © Reuters. As US traders took a break for Thanksgiving today, the (DXY), a measure of the currency’s strength against a basket of other major currencies, dipped below the 104 mark. This movement suggests a potential weekly decline for the dollar. The quietness in the markets coincides with the annual holiday closure, which often
[ad_1] And with Treasuries out especially, that’s not going to give too much for traders to work with in the sessions to come. US stocks ended the day higher yesterday but we could get more tepid trading on Friday as highlighted here yesterday. But keep in mind that the momentum right now is rather positive
[ad_1] Article by IG Senior Market Analyst Axel Rudolph FTSE 100, S&P 500, Russell 2000 – Analysis and Charts FTSE 100 consolidates below last week’s high The FTSE 100’s recent attempts to reach last week’s high at 7,535 have so far failed with the index being capped by the 55-day simple moving average (SMA) at
[ad_1] EUR/USD Forecast – Prices, Charts, and Analysis FOMC minutes give little away, leaving the US dollar rudderless. UK Autumn Statement may give Sterling a boost. Download our Complimentary Guide to Trading EUR/USD Recommended by Nick Cawley How to Trade EUR/USD The Federal Reserve is very unlikely to cut interest rates anytime soon and may
[ad_1] Share: The Greenback opens higher this Friday though fails to hold on to gains. Traders can let the dust settle in a very light calendar ahead of the festivities next week. The US Dollar Index is steady above 104, though faces some pressure towards the weekend. The US Dollar (USD) gave traders
